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Dec 12, 2012
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obama says the u.s. now recognizes syria's main opposition group as the legitimate representative of the country's people. the president's comments paved the way for greater u.s. support as the group tries to oust syrian president assad. >>> meanwhile, as the "fiscal cliff" deadline approaches, indications that the president and house speaker john boehner are reportedly talking again, at least by telephone. among the proposals, the white house may agree to less tax revenue but the speaker still wants to see what cuts the president will make. but publicly, neither side is giving anything away. >> we're still waiting for the white house to identify what spending cuts the president is willing to make as part of balanced approach that he promised americans. >> what is required is, you know, agreement by republicans to some specific revenues that includes raising rates. >> there is no indication that the president will compromise on taxes on the wealthy going up. >>> a soon-to-open bay area restaurant is wond
obama says the u.s. now recognizes syria's main opposition group as the legitimate representative of the country's people. the president's comments paved the way for greater u.s. support as the group tries to oust syrian president assad. >>> meanwhile, as the "fiscal cliff" deadline approaches, indications that the president and house speaker john boehner are reportedly talking again, at least by telephone. among the proposals, the white house may agree to less tax revenue...
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Dec 12, 2012
12/12
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president obama, house speaker john boehner spoke by phone last night after republicans sent a new deal offer but senate majority leader harry reid isn't very happy about the discussion on the senate floor this morning. reid compared the back and forth between the gop leaders and the white house to the peanuts comic strike where charlie brown tries to kick the football that keeps getting yanked away. >> we are not going to fall for that again. the american people aren't going to be under the illusion that the republicans are sometime in the future going to come up with revenue. they are going to come up with raising the rates or, madam president, we are going over the cliff. >> well, if congress and the white house can't team up and reach a deal by new year's eve, automatic tax hikes and steep spending cuts will take effect which could send the united states back into recession. and clearly have a lot of work to do. >>> a dungeness deal has bay area crabbers out on the water again. they went on strike after brokers tried pay them less than $3 a pound. the strike meant there was little f
president obama, house speaker john boehner spoke by phone last night after republicans sent a new deal offer but senate majority leader harry reid isn't very happy about the discussion on the senate floor this morning. reid compared the back and forth between the gop leaders and the white house to the peanuts comic strike where charlie brown tries to kick the football that keeps getting yanked away. >> we are not going to fall for that again. the american people aren't going to be under...
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Dec 13, 2012
12/12
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obama versus 25% of americans who approve of speaker john boehner. the poll points out that the president must be better able to highlight his efforts in the media more effectively. grace lee, cbs 5. >>> the federal reserve is prepared to keep spending on $85 billion a month to keep long-term interest rates near record lows. it's going to continue spending $45 billion a month in treasury notes and $40 billion a month in mortgage-backed securities. the hope is to also help the job market improve. the feds' announcement didn't do much to help on wall street today. the dow lost 3 points while the nasdaq fell 8, the s&p 500 did edge up a fraction of a point. >>> usps is leaving some of its customers hanging. same day deliveries were supposed to start today but now the postal service is pushing back to sometime next week. about 8 to 10 online chains had already signed up for the service called metro post. it's for online retailers only. when it does kick off, usps says for a $10 flat fee, you can have your online orders delivered the same day if you order
obama versus 25% of americans who approve of speaker john boehner. the poll points out that the president must be better able to highlight his efforts in the media more effectively. grace lee, cbs 5. >>> the federal reserve is prepared to keep spending on $85 billion a month to keep long-term interest rates near record lows. it's going to continue spending $45 billion a month in treasury notes and $40 billion a month in mortgage-backed securities. the hope is to also help the job...
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Dec 12, 2012
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it comes after the obama administration lowered its request for new tax revenue from $1.6 trillion in over ten years to 1.4 trillion. but before the call boehner was critical of the president. >> right now the american people have to be scratching their heads and wondering when is the president going to get serious. >> the economic uncertainty comes at a time when retailers are hoping for strong holiday sales. the prospect of higher taxes for all americans threatens to sink consumer confidence. >> the specifics of the deal are not as important to us as getting a deal. >> now, in that abc news interview with barbara walters, the president said he thinks the american people will be better off with a done deal. harry reid who's a senate majority leader says he does not expect a deal before christmas. terrell. >> we'll have to see. susan mcginnis in washington. thank you so much. >>> today in morocco, they opened a meeting to discuss the syrian crisis. they're expecting to give them null political recognition during that same interview set to air on friday night on "20/20," president obam
it comes after the obama administration lowered its request for new tax revenue from $1.6 trillion in over ten years to 1.4 trillion. but before the call boehner was critical of the president. >> right now the american people have to be scratching their heads and wondering when is the president going to get serious. >> the economic uncertainty comes at a time when retailers are hoping for strong holiday sales. the prospect of higher taxes for all americans threatens to sink consumer...
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Dec 12, 2012
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seth doane, cbs news, long beach island, new jersey. >> pelley: there was an unusual murder yesterday in a high-rent section of new york city in broad daylight in front of hundreds of witnesses. investigators say it looks like a professional hit and there are pictures. that is the victim, a 31-year- old los angeles man, brandon woodard, apparently texting. the gunman is right behind him in the hoodie and that looks like a gun coming out of his right pocket. one shot to the head and then the gunman calmly got into a car and was slowly driven away. we don't know about the motive, but the victim has a record of arrests for theft and drug possession. we have new information now on why nelson mandela is in the hospital and his story is next. [ loud party sounds ] hi, i'm ensure clear... clear, huh? i'm not juice or fancy water. i've got nine grams of protein. that's three times more than me! [ female announcer ] ensure clear. nine grams protein. zero fat. in blueberry/pomegranate and peach. starts with arthritis pain and a choice. take tylenol or take aleve, the #1 recommended pain relieve
seth doane, cbs news, long beach island, new jersey. >> pelley: there was an unusual murder yesterday in a high-rent section of new york city in broad daylight in front of hundreds of witnesses. investigators say it looks like a professional hit and there are pictures. that is the victim, a 31-year- old los angeles man, brandon woodard, apparently texting. the gunman is right behind him in the hoodie and that looks like a gun coming out of his right pocket. one shot to the head and then...
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Dec 7, 2012
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. >>> the governor of new jersey paid a visit to president obama to plead for money to help his state rebuild from superstorm sandy. the storm destroyed 80% of seaside heights more than a month ago. the famous boardwalk was left in pieces. today governor chris christie asked the president and congress for more financial aid. christie says it's going to take $37 billion to recover and the president promises to help. >> he knows that our work is not done any more than the work in the states is done. >> president obama is expected to ask for $50 billion in storm relief for new jersey, new york and connecticut. >>> meantime, president obama made a special trip to virginia today to highlight his fix for the "fiscal cliff." the deadline for the president and congress to find a way to avoid tax increases and spending cuts is 25 days away. president obama made a special point to sit with a middle class family in virginia this afternoon. he was trying to offer an example of who would be hurt by the republican tax proposal. >> for them to be burdened unnecessarily because democrats and republic
. >>> the governor of new jersey paid a visit to president obama to plead for money to help his state rebuild from superstorm sandy. the storm destroyed 80% of seaside heights more than a month ago. the famous boardwalk was left in pieces. today governor chris christie asked the president and congress for more financial aid. christie says it's going to take $37 billion to recover and the president promises to help. >> he knows that our work is not done any more than the work in...
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Dec 13, 2012
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so far this week, president obama and house speaker john boehner have spoken twice. boehner says differences remain and he's told lawmakers not to make plans for the week after christmas, which means we'll probably be here, too, including susan mcginnis in washington this morning with the latest. susan, good morning to you. >> hi. good morning, terrell. as the white house continue to fail at coming to a conclusion on the budget, this fiscal cliff is not waiting for the end of the year. it's affecting america today. well, even santa claus is upset. santa claus showed up on capitol hill wednesday, urging congress and the white house to strike a deal to avoid the looming fiscal cliff before christmas. >> it's discouraging that our elected leadership in congress can't come together to get the job done for the american people. >> reporter: both sides say it's putting a damper on the holidays. >> i think it's going to be extremely difficult to get it done before christmas. ? . >> in anticipation, there is no agreement. congressional leaders told lawmakers not to make holid
so far this week, president obama and house speaker john boehner have spoken twice. boehner says differences remain and he's told lawmakers not to make plans for the week after christmas, which means we'll probably be here, too, including susan mcginnis in washington this morning with the latest. susan, good morning to you. >> hi. good morning, terrell. as the white house continue to fail at coming to a conclusion on the budget, this fiscal cliff is not waiting for the end of the year....
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Dec 12, 2012
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at issue a new republican budget budg proposal, one that came after mr. obama sent an offer to mr. boehner tuesday. before boehner took to the house floor to criticize the president. >> the longer the white house ze slow walks this process the closer our economy gets to the fiscal cliff. >> reporter: mr. obama's new proposal lowered his request for tax revenue from $1.6 trillion in ten years to $1.4 trillion.trillion on tuesday the white house threw corporate tax reform into the mix, adding it to the already agreed upon push next year for reform of individual tax rates.dismisse boehner's described it as unrealistic and said the tax revenue was "a red herring." the top senate democrat doubted a fiscal cliff deal would be l cli wrapped in time for christmas. >> i think it's going to be extremely difficult to get it done before christmas. >> reporter: speaker boehner is meeting at this hour with house republicans. despite all the gloom the president said he remains confident a fiscal cliff deal will get done. charlie and norah? >> major garrett thank you. nancy pelosi leads the democr
at issue a new republican budget budg proposal, one that came after mr. obama sent an offer to mr. boehner tuesday. before boehner took to the house floor to criticize the president. >> the longer the white house ze slow walks this process the closer our economy gets to the fiscal cliff. >> reporter: mr. obama's new proposal lowered his request for tax revenue from $1.6 trillion in ten years to $1.4 trillion.trillion on tuesday the white house threw corporate tax reform into the...
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Dec 10, 2012
12/12
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allen pizzey, cbs news, cairo. >> glor: back in washington president obama and house speaker john boehner did meet at the white house this afternoon for more talks on the fiscal cliff. details were not released but both sides say lines of communication remain open. on face the nation erskine bowles co-chair of the bipartisan deficit commission told bob schieffer he's a bit more optimistic than he was a week ago. >> we were going through the kabuki theatre, one side making an offer, the other rejecting it and that is pretty natural in any deal. but you know, they've started to tango now and you know any time you got two guys in there tangoing you got a chance to get it done. >> glor: meanwhile urging both sides to get this done jeffrey immelt chairman of general electric spoke to charlie rose. >> i would say the business community almost universally speaks with one voice that this needs to get done and get done now. and moving it to next year is just failure. >> glor: you can see the full jeffrey immelt interview first thing tomorrow on cbs "this morning." >> big business is together in wa
allen pizzey, cbs news, cairo. >> glor: back in washington president obama and house speaker john boehner did meet at the white house this afternoon for more talks on the fiscal cliff. details were not released but both sides say lines of communication remain open. on face the nation erskine bowles co-chair of the bipartisan deficit commission told bob schieffer he's a bit more optimistic than he was a week ago. >> we were going through the kabuki theatre, one side making an offer,...
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Dec 7, 2012
12/12
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. >> as for the crisis in cairo, president obama has made a phone call to egyptian president mohammed morsi. he expressed concerns about the deaths and injuries of protesters outside morsi's palace. demonstrators are upset about the new unrestricted powers morsi gave himself. >>> looks like authorities in belize will have to wait to question john mcafee. he's back in a georgia georgia tamilian jail. he asked for asylum there. he's wanted for questioning about murder in belize. >>> to reach an agreement on a plan to avoid the fiscal cliff. financial experts were on capitol hill yesterday to talk about the negative impacts if the automatic tax increases and spending cuts happen on january 1st. president obama visited a northern virginia family who would suffer finally if a -- financially if a deal isn't reached. the president's approval rating is at its highest point since the raid that killdee killed osama bin laden. 42% believe the nation is heading in the right direction. >>> the san diego zoo two new additions. they're 14 week old clouded leopard cubs and their adorable. they are br
. >> as for the crisis in cairo, president obama has made a phone call to egyptian president mohammed morsi. he expressed concerns about the deaths and injuries of protesters outside morsi's palace. demonstrators are upset about the new unrestricted powers morsi gave himself. >>> looks like authorities in belize will have to wait to question john mcafee. he's back in a georgia georgia tamilian jail. he asked for asylum there. he's wanted for questioning about murder in belize....
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Dec 8, 2012
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. >>> president obama is asking congress to provide $60 billion in disaster aid for new york new jersey and connecticut. that storm devastated coastal communities in the northeast. governors of those three states estimate that combined damage from the sandy topped $80 billion. >> secretary of state hillary clinton will testify before congress about september's deadly attack on the u.s. consulate in benghazi libya. four americans including u.s. ambassador christopher stevens were killed. the attack raised questions about the security of the consulate and clinton's testimony will coincide next week with the release of a report by an independent panel. >>> the winner of the other half $587 million powerball jackpot is a man from a wealthy phoenix suburb. he wants to remain anonymous and wants his money now. the jackpot was the second largest in the nation's history. the winner bought $10 in tickets. he and his wife will take the cash option. because of the uncertain tax situation posed by the impasse of the fiscal cliff. >> good call. clarendon, pennsylvania has a throat cheer about. it's
. >>> president obama is asking congress to provide $60 billion in disaster aid for new york new jersey and connecticut. that storm devastated coastal communities in the northeast. governors of those three states estimate that combined damage from the sandy topped $80 billion. >> secretary of state hillary clinton will testify before congress about september's deadly attack on the u.s. consulate in benghazi libya. four americans including u.s. ambassador christopher stevens were...
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Dec 6, 2012
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that could start to pave the way for them to create a new government. >> very interesting. margaret brennan, thank you for that. >>> in washington this morning, there are just 26 days left before the fiscal cliff deadline. president obama spoke on the phone with house speaker john boehner on wednesday while his treasury secretary said the white house is, in fact, ready to go straight over the fiscal cliff. major garrett is at the white house. major, gd morning. >> reporter: good morning, charlie and norah. the president will cross over the potomac into northern virginia to meet with a family who says their taxes don't go up, they'll be happier and spend more money. that's the pr side of this. much more important, the context of the deal, keet players yesterday picked up the phone. phone call relatively brief and substantive. details remain elusive. it was shorter, sources say, to last week's 28-minute conversation described them as curt, direct and frank. no one familiar with this call used such barbed words. it also occurred before treasury secretary tim geithner laid down
that could start to pave the way for them to create a new government. >> very interesting. margaret brennan, thank you for that. >>> in washington this morning, there are just 26 days left before the fiscal cliff deadline. president obama spoke on the phone with house speaker john boehner on wednesday while his treasury secretary said the white house is, in fact, ready to go straight over the fiscal cliff. major garrett is at the white house. major, gd morning. >> reporter:...